Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam - 2022
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam (FOB) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam (CIF) - 2022
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam (FOB) - 2022
The average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses stood at $10,423 per ton in 2022, falling by -7.6% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of 45%. As a result, the export price reached the peak level of $11,284 per ton, and then declined in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($14,548 per ton), while the average price for exports to China ($6,722 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam (CIF) - 2022
In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $9,119 per ton, falling by -1.9% against the previous year. In general, the import price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum at $9,297 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8,702 per ton), while the price for Canada ($7,938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam
In 2022, shipments abroad of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses decreased by -4.3% to 33K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. As a result, the exports attained the peak of 38K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses shrank to $343M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 99%.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 37.3 | 68.5 | 73.5 | 112 | 44.3% |
| United States | 24.1 | 65.1 | 100 | 54.7 | 31.4% |
| Italy | 10.2 | 13.9 | 14.8 | 20.1 | 25.4% |
| United Kingdom | 6.1 | 13.3 | 14.4 | 20.1 | 48.8% |
| Germany | 8.9 | 8.5 | 9.5 | 11.8 | 9.9% |
| China | 11.0 | 25.1 | 8.5 | 8.5 | -8.2% |
| Belgium | 1.6 | 4.2 | 3.5 | 7.0 | 63.6% |
| Netherlands | 1.3 | 4.1 | 10.1 | 6.0 | 66.5% |
| Brazil | 2.6 | 3.4 | 2.4 | 4.9 | 23.5% |
| Canada | 2.0 | 5.6 | 4.5 | 4.8 | 33.9% |
| France | 5.3 | 5.6 | 3.6 | 4.3 | -6.7% |
| Spain | 2.3 | 6.4 | 3.7 | 4.0 | 20.3% |
| South Korea | 21.3 | 29.2 | 21.6 | N/A | 0.7% |
| Others | 16.3 | 45.6 | 118 | 85.7 | 73.9% |
| Total | 150 | 298 | 389 | 343 | 31.7% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Vietnam in 2022:
- Japan (11.2K tons)
- United States (4.9K tons)
- Italy (2.1K tons)
- United Kingdom (1.4K tons)
- China (1.3K tons)
- Germany (0.8K tons)
- Brazil (0.7K tons)
- Belgium (0.7K tons)
- Netherlands (0.6K tons)
- Canada (0.4K tons)
- Spain (0.4K tons)
- France (0.3K tons)
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam
Imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses into Vietnam contracted remarkably to 7K tons in 2022, which is down by -21% compared with the previous year. Overall, imports showed a pronounced reduction. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 8.9K tons, and then declined significantly in the following year.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses dropped rapidly to $64M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year. As a result, imports attained the peak of $83M, and then declined sharply in the following year.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 6.1 | 15.4 | 51.9 | 158.6% |
| United States | N/A | N/A | N/A | 5.9 | 0% |
| Canada | N/A | N/A | N/A | 1.4 | 0% |
| Thailand | 1.9 | 4.8 | 13.9 | N/A | 170.5% |
| Malaysia | 26.2 | 33.0 | 51.5 | N/A | 40.2% |
| Others | 1.3 | 1.6 | 2.0 | 4.9 | 55.6% |
| Total | 32.5 | 45.6 | 82.8 | 64.2 | 25.5% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Vietnam in 2022:
- China (6.0K tons)
- United States (0.7K tons)
- Canada (0.2K tons)
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